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Latest News In and around Kolkata

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  • Re : Latest News In and around Kolkata

    CREDAI West Bengal urges state government to allow work with 50% staff


    Credai West Bengal president Sushil Mohta pointed out that the construction industry mostly hires daily wages workers who are employed by subcontractors on a ‘work and pay’ basis.
    • TNN
    • May 17, 2021, 09:48 IST


    KOLKATA: Credai West Bengal along with the leading business bodies such as Indian Chamber of Commerce (ICC) has appealed to the state government for allowing on-site work in the real estate sector where there is an accommodation facility.

    Credai West Bengal president Sushil Mohta pointed out that the construction industry mostly hires daily wages workers who are employed by subcontractors on a ‘work and pay’ basis. In other words, if there is no work going on, these workers are not paid by the contractors.

    “We, therefore, request you to allow the 50% of the usual workforce to work on the construction sites, where they are staying. Many of our members who have started foundation or basement work, it is important for them to come above the ground level otherwise, during the monsoon there is always a risk of earth movement, which can cause damage to neighbouring structures,” Mohta wrote in a letter sent to the chief secretary.

    Credai has requested the state authority to allow movement of essential construction materials, such as, sand, stone chips, cement and ready-mix concrete within the state.

    ICC has also requested for on-site work in real estate to state.













    CREDAI West Bengal urges state government to allow work with 50% staff, Real Estate News, ET RealEstate (indiatimes.com)



    Last edited 3 weeks ago.
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    • Re : Latest News In and around Kolkata

      RWA role shift: From holding cultural events to arranging for Covid care infrastructure in Kolkata


      Zeeshan Javed / TNN / Updated: May 30, 2021, 08:26 IST



      Some housing complexes have set up safe homes on the premises


      KOLKATA: Back in Covid-free days of October 2019, Krishnendu Ganguly and his team won praises from fellow residents of his housing complex in New Town for organising cultural programmes during Durga Puja. The world completely changed in between and in May 2021, Ganguly took up the responsibility of organising a Covid vaccination camp at the complex, which required him to coordinate with the local administration, health department and 75-odd residents of the housing society.

      The pandemic has shifted the roles of residents’ welfare associations ever since the novel coronavirus pandemic broke out in March 2020. The members are a group of elected members who are usually responsible for maintaining the common facilities of gated communities and high-rises. They also usually take the lead in organising cultural functions during festivals and resolving disputes among flat owners. While the members are elected and work on voluntary basis, they are bound by housing cooperative society rules.

      From fixing and maintaining infrastructure and organising cultural competitions almost two years ago, the residents’ welfare associations have now been busy looking for hospital beds for residents, enforcing Covid-safety guidelines set by the governments, arranging vendors to come to the gates for residents and trying to hold vaccination camps. “The pressure has been so immense that it did not even register when exactly my role had shifted from organising poetry recitals during Durga Puja to procuring oxygen concentrators, booking space at safe homes and imposing safety guidelines,” said Ganguly.

      “We are working like mini governments within the society, where all residents come with their problems and we try to resolve them,” said Mainak Kanrar, joint secretary of the residents’ association at Sukhobrishti, which has over 4,000 apartments. “We have a dedicated team working for Covid care. They are responsible for converting community centres into safe homes to ensuring groceries and medicines are delivered to senior citizens to tracking vacant hospital beds if some resident take ill,” he said.

      The pandemic has trained the housing society office bearers to factor in diverse opinions, co-ordinate with RWAs of other complexes in the vicinity and work closely with the local administration.

      “Different residents have different opinions and we have to hear out everybody. The pandemic has also taught us not to give up without exhausting all options because hundreds of people are banking on us for treatment or other facilities. At the end of the day, it is worth it when even one resident is benefited by our effort,” said Samaresh Das, chairman of New Town Forum and News, an umbrella body of RWAs in New Town.











      RWA role shift: From holding cultural events to arranging for Covid care infrastructure in Kolkata | Kolkata News - Times of India (indiatimes.com)
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      • Re : Latest News In and around Kolkata

        Phoenix Mills, Canada Pension Plan Investment to form JV to develop retail centre

        ​CPP Investments will invest approximately Rs 560 crore in the JV - - Mindstone Mall Developers Pvt Ltd -- in tranches for an ultimate equity stake of 49 per cent. Representative Image

        NEW DELHI: Retail mall developer Phoenix Mills and Canada Pension Plan Investment Board (CPP Investments) on Saturday said they have agreed to form a joint venture to develop a regional retail centre in Alipore, Kolkata.

        CPP Investments will invest approximately Rs 560 crore in the JV - - Mindstone Mall Developers Pvt Ltd -- in tranches for an ultimate equity stake of 49 per cent.

        Besides, Phoenix Mills Ltd (PML) and CPP Investments said they have agreed to invest collectively up to Rs 800 crore in their other JV -- Island Star Mall Developers Private Ltd (ISMDPL) -- in tranches as required.

        "With the funds invested by CPP Investments and PML, Mindstone will develop a retail centre with a potential leasable area of approximately 1 million sq ft," the two companies said in a joint statement.

        The target completion date is for the second half of 2024, it added.

        Commenting on the development, Phoenix Mills Ltd (PML) Chairman Atul Ruia said the strategic relationship with CPP Investments will help establish the company's footprint in Eastern India.

        "This investment bears testament to the attractive long-term prospects of our robust business model of creating destination consumption hubs in key cities of India. With this asset, we are well on track to more than double our operational retail portfolio by 2024," he added.

        Phoenix Mills remains focused on expanding its portfolio by investing in attractive markets and ensuring timely execution of the projects, Ruia said.

        CPP Investments Managing Director, Real Estate - India, Hari Krishna said, "With this investment, CPP Investments' equity commitment to multiple ventures with The Phoenix Mills amounts to over Rs 26.2 billion. India is one of the most important markets for us in the Asia Pacific and a critical part of our long-term strategy".

        Alipore in Kolkata is a premium neighbourhood and the site is strategically located, surrounded by a dense catchment of residential and office space, Phoenix Mills Managing Director Shishir Shrivastava said.

        "We believe that the site's proximity to established and developing micro-markets, through an extensive and well-developed civic infrastructure, provides us with ample opportunity to cater to the region's significant untapped consumption potential," he added.

        PML and CPP Investments further said they are also extending their commitments to their current joint venture, ISMDPL.

        "Both parties have agreed to invest collectively up to Rs 800 crore (133 million Canadian dollar) into ISMDPL in tranches as required, in the ratio of their respective shareholding," the statement said.

        The joint venture was formed in 2017 to develop, own and operate retail-led, mixed-use developments across India, it added.









        Island Star Mall Developers: Phoenix Mills, Canada Pension Plan Investment to form JV to develop retail centre, Real Estate News, ET RealEstate (indiatimes.com)

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        • Re : Latest News In and around Kolkata

          West Bengal: Santragachhi Jheel’s water toxic, not fit to sustain life, reveals study





          The water analysis shows major deviations from the national water quality criteria.

          KOLKATA: Santragachhi Jheel, a biodiversity hotspot in Howrah that draws migratory birds from faraway lands each winter, is turning increasingly toxic. An analysis of the lake’s water quality, only the second one in two decades, has revealed that it is not fit for sustaining life.

          The water analysis at the 10.9 hectare waterbody carried out by the West Bengal Pollution Control Board shows major deviations from the national water quality criteria. Dissolved oxygen (DO) at 3mg/l is way lower than the desired 6mg/l or more, biochemical oxygen demand (BOD) at 10.6mg/l against a desired level of 2-4mg/l or less and total coliform of 1,70,000 MPN/100ml against less than 5,000MPN/100 ml point to the extremely poor state of the lake’s water that makes it difficult to sustain any life form, be it fish or other aquatic animals.

          Scientists have cautioned that the water is unfit for sustaining wildlife and fisheries and should not be used by people for even bathing and suggested warning signs be put up around the lake.

          Environment activist Subhas Datta, who had moved the National Green Tribunal (NGT) in 2015, pointing out that the important habitat for migratory birds was being encroached upon and that the upkeep of the waterbody was extremely poor, expressed extreme disappointment at the negligence by both South Eastern Railway (SER) and Howrah Municipal Corporation (HMC). The NGT had in an order in 2017 asked SER and HMC to set up a sewage treatment plant to ensure that the untreated sewage is not dumped into the lake.

          The last study on physico-chemical characteristics of the jheel, which was carried out close to two decades ago (February 2000 to January 2002) by scientists from the zoological department at Kalyani University, had found the water quality to be poor due to the inflow of sewage effluents from houses in the vicinity that caused turbidity.

          The study had concluded that the physico-chemical characteristics of Santragachi Jheel indicated that its water was rich in nutrients as well as pollution. This also increased the biological oxygen demand. The presence of sewage also led to reduced transparency of the water. Sewage contamination was the main cause identified for high nitrate and phosphates content.

          The jheel is owned by South Eastern Railway but since August 1992, the wildlife wing of the forest department has taken up management and development work of the wetland. Individual efforts by green organisations like Nature Mates have led to removal of water hyacinths but nothing has been done to clean up the lake’s water.







          West Bengal: Santragachhi Jheel’s water toxic, not fit to sustain life, reveals study | Kolkata News - Times of India (indiatimes.com)


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          • Re : Latest News In and around Kolkata

            Credai donates oxygen devices to Kolkata municipal Corporation

            TNN / Updated: Jun 11, 2021, 11:17 IST


            Credai members hand over oxygen concentrators and cylinders to Firhad Hakim.

            KOLKATA: The Bengal chapter of builders’ umbrella body, Confederation of Real Estate Developers Association of India (Credai), handed over 150 oxygen concentrators and 250 oxygen cylinders to the Kolkata Municipal Corporation’s board of administrators chairman, Firhad Hakim, on Thursday.

            The crucial medical devices will equip the KMC clinics in boroughs and wards before the next wave of Covid-19, augmenting the facilities to provide initial care to distressed patients prior to hospitalisation. In the second wave, hospital resources and medical equipment were severely stretched, leading to patient distress and even loss of life.

            According to a KMC health department official, these medical devices will be stored centrally and distributed to borough health offices when needed. A civic official, associated with the KMC’s Covid team, said these devices will be helpful if a third wave hits the city. “Currently, the demand for oxygen concentrators at our safe homes is on the wane,” said the official.

            In all, 14 real estate developers affiliated to Credai Bengal donated the devices — Belani Group, Merlin Group, Salarpuria Group, PS Group, Rungta Group, Arya Group, Ideal Group, Signum Group, Primarc Realty, Diamond Group, Ambuja Neotia, Smita Properties, 90 Degrees and NPR Developers.

            “The real estate industry has responded to the Covid crisis by donating these medical devices to KMC clinics because they are crucial for treating people in case of subsequent Covid wave,” said Credai Bengal president, Nandu Belani.














            Credai donates oxygen devices to Kolkata municipal Corporation | Kolkata News - Times of India (indiatimes.com)


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            • Re : Latest News In and around Kolkata

              KMC lens on eateries in bldgs

              Saikat Ray / TNN / Jun 13, 2021, 04:28 IST

              Kolkata: The KMC assessment-collection and building department inspectors will conduct a survey on running of restaurants from city’s residential buildings keeping the civic administration in the dark. The KMC Board of Administrators (BoA) chairperson Firhad Hakim on Saturday got a call from a Behala resident during the interactive programme ‘talk to the KMC’ who complained of shortage of water since one of his tenants started running a restaurant from the ground floor of the three storey building. Hakim said that several restaurants were running from residential buildings without adhering to KMC building rules to dodge property tax. tnn










              KMC lens on eateries in bldgs | Kolkata News - Times of India (indiatimes.com)

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              • Re : Latest News In and around Kolkata

                CREDAI Bengal organises vaccination camp for construction workers

                To begin with, 10,000 workers will be inoculated in four phases at locations close to busy construction sites. On Thursday, a camp was held at at South City International School.
                • TNN
                • June 18, 2021, 15:00 IST

                KOLKATA: The Bengal chapter of builders’ group Confederation of Real Estate Developers’ Association of India (Credai) began a vaccination drive for construction workers in Kolkata on Thursday.

                To begin with, 10,000 workers will be inoculated in four phases at locations close to busy construction sites.

                On Thursday, a camp was held at at South City International School. “The skilled workers in the industry are never in the limelight. This is an opportunity for the industry to ensure their well-being. We are taking the help of the government with builders financing the drive,” Credai Bengal president Nandu Belani said.

                The Merlin Group, with support from the Credai youth wing, organized a camp for its on-site construction workers and staff at Acropolis mall on Wednesday.

                “In future, camps will be organized at other Merlin sites on Prince Anwar Shah Road, BL Saha Road, Dum Dum, New Town and near Ibiza resort,” said Merlin group MD Saket Mohta. Altogether, around 3,000 workers will be covered in the drive.










                CREDAI Bengal organises vaccination camp for construction workers, Real Estate News, ET RealEstate (indiatimes.com)
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